Military Expenditure in Myanmar decreased to 3155 USD Million in 2018 from 3464 USD Million in 2017. Military Expenditure in Myanmar averaged 779.40 USD Million from 1951 until 2018, reaching an all time high of 3818 USD Million in 2015 and a record low of 159 USD Million in 1951.

Myanmar scored 3.32 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Myanmar averaged 3.26 Points from 2014 until 2016, reaching an all time high of 3.32 Points in 2016 and a record low of 3.22 Points in 2014. Competitiveness Index in Myanmar is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies. The report is made up of over 110 variables, of which two thirds come from the Executive Opinion Survey representing the sample of business leaders, and one third comes from publicly available sources such as the United Nations. The variables are organized into twelve pillars with the most important including: institutions, infrastructure, macroeconomic framework, health and primary education and higher education and training. The GCI score varies between 1 and 7 scale, higher average score means higher degree of competitiveness. This page provides the latest reported value for - Myanmar Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Myanmar is the 131 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Myanmar averaged 134.67 from 2014 until 2016, reaching an all time high of 139 in 2014 and a record low of 131 in 2016. Competitiveness Rank in Myanmar is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Myanmar Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Myanmar expanded 6.80 percent in 2018 from the previous year. GDP Annual Growth Rate in Myanmar averaged 8.65 percent from 1994 until 2018, reaching an all time high of 13.84 percent in 2003 and a record low of 3.60 percent in 2008. Myanmar, formerly known as Burma, is the poorest country in Southeast Asia. Myanmar was under a military regime for decades, yet since 2011, a transition to democracy has been taking place. The new, civilian led, reformist government has taken charge and the country has began to open up to foreign direct investment. Myanmar’s economy is pretty diversified. The most important sector of the economy is services, which has been growing steadily in the last few years, and now account for over 38 percent of GDP. The share of agriculture has been declining, and now represents 36 percent of GDP. Finally, industry contributes the remaining 26 percent of GDP. This page provides - Myanmar GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Myanmar was last recorded at 5922 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Myanmar, when adjusted by Purchasing Power Parity is equivalent to 33 percent of the world's average. GDP per capita PPP in Myanmar averaged 2543.91 USD from 1990 until 2018, reaching an all time high of 5922 USD in 2018 and a record low of 715.90 USD in 1991. This page provides - Myanmar GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Myanmar averaged -3.28 percent of GDP from 1994 until 2018, reaching an all time high of 1.70 percent of GDP in 2012 and a record low of -7.10 percent of GDP in 2000. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Myanmar Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a Current Account deficit of 3592 USD Million in 2018. Current Account in Myanmar averaged -527.16 USD Million from 1994 until 2018, reaching an all time high of 1963 USD Million in 2010 and a record low of -3592 USD Million in 2018. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Myanmar Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar is the 130 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Myanmar averaged 155.12 from 2003 until 2019, reaching an all time high of 180 in 2011 and a record low of 129 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Myanmar Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Myanmar increased to 1.60 percent in 2019 from 1 percent in 2018. Unemployment Rate in Myanmar averaged 3.50 percent from 1990 until 2019, reaching an all time high of 4.17 percent in 1990 and a record low of 0.80 percent in 2015. In Myanmar, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Myanmar Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Myanmar recorded a trade deficit of 66.30 USD Million in September of 2019. Balance of Trade in Myanmar averaged -206.88 USD Million from 2010 until 2019, reaching an all time high of 593.30 USD Million in August of 2011 and a record low of -948.50 USD Million in July of 2015. Myanmar had been trading mostly with neighboring countries due to political circumstances and poor infrastructure, but the change to democracy is likely to allow access to new markets. Oil and natural gas dominate Myanmar's exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar's main trading partners are China, India, Japan, Indonesia, Germany and Hong-Kong. This page provides - Myanmar Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Myanmar decreased to 1413 USD Million in September from 1435.50 USD Million in August of 2019. Exports in Myanmar averaged 1025.42 USD Million from 2010 until 2019, reaching an all time high of 1760.70 USD Million in September of 2017 and a record low of 502.60 USD Million in April of 2011. Oil and natural gas dominate Myanmar's exports. Other exports include vegetables, wood, fish, clothing, rubber and fruits. Myanmar's main exports partners are China, India, Japan, South Korea, Germany, Indonesia and Hong Kong. This page provides - Myanmar Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Myanmar increased to 1479.30 USD Million in September from 1414.90 USD Million in August of 2019. Imports in Myanmar averaged 1219.08 USD Million from 2010 until 2019, reaching an all time high of 1972.90 USD Million in July of 2015 and a record low of 334.20 USD Million in October of 2010. Myanmar mainly imports fuel, vegetable oil, vehicles, pharmaceutical products, construction equipment, polymers, tires and machinery. Myanmar's main imports partners are China, Japan, India, Indonesia, Germany, France and Hong Kong. This page provides - Myanmar Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Myanmar was worth 77 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Myanmar represents 0.06 percent of the world economy. GDP in Myanmar averaged 36.67 USD Billion from 1998 until 2019, reaching an all time high of 77 USD Billion in 2019 and a record low of 6.46 USD Billion in 1998. This page provides - Myanmar GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Myanmar was estimated at 54.1 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Myanmar had a population of 21.0 million people. The population of Myanmar represents 0.70 percent of the world´s total population which arguably means that one person in every 144 people on the planet is a resident of Myanmar. This page provides - Myanmar Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Myanmar was last recorded at 10 percent. Interest Rate in Myanmar averaged 10.04 percent from 2011 until 2020, reaching an all time high of 12 percent in December of 2011 and a record low of 10 percent in January of 2012. In Myanmar, the benchmark interest rate is set by the Central Bank of Myanmar. The benchmark interest is the Central Bank Rate. This page provides the latest reported value for - Myanmar Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cpi Housing Utilities in Myanmar increased to 200.49 points in February from 200.12 points in January of 2020. Cpi Housing Utilities in Myanmar averaged 135.41 points from 2013 until 2020, reaching an all time high of 200.49 points in February of 2020 and a record low of 103.93 points in January of 2013. This page provides - Myanmar Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Myanmar decreased to 114.62 points in February of 2020 from 117.14 points in January of 2020. Cpi Transportation in Myanmar averaged 100.82 points from 2013 until 2020, reaching an all time high of 118.78 points in October of 2018 and a record low of 87.69 points in March of 2016. This page provides - Myanmar Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Myanmar thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Myanmar as reported by major credit rating agencies.

Myanmar recorded 177 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Myanmar reported 6 Coronavirus Deaths. This page includes a chart with historical data for Myanmar Coronavirus Cases.

Myanmar recorded 6 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Myanmar reported 177 Coronavirus Cases. This page includes a chart with historical data for Myanmar Coronavirus Deaths.

Myanmar recorded 67 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Myanmar reported 6 Coronavirus Deaths. This page includes a chart with historical data for Myanmar Coronavirus Recovered.

Austria has a higher share of immigrants in the total working-age population than many other OECD countries. At the same time, the framework for integration policy is less developed than in a number of other OECD countries. These are among the main findings of this review.

This publication reviews the labour market integration of immigrants and their children in three OECD countries (Austria, Norway and Switzerland) and provides country-specific recommendations. It also includes a summary chapter highlighting common challenges and policy responses. It is the third and last in a series which has covered eleven OECD countries.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Vienna on 5-6 March 2018, to visit the International Institute for Applied Systems Analysis (IIASA), where he will meet with IIASA Senior Management as well as with researchers from Mexico.

A complement to the OECD insurance database, this report monitors and analyses the insurance industry’s overall performance and health in OECD countries and Hong Kong (China), India, Malaysia, Russia, Singapore, South Africa and Thailand.

The implications of the European sovereign debt crisis for Asia, the globalisation of the funding of investments and the contribution of long-term institutional investors to growth were amongst the topics explored at the 2013 Tokyo Roundtable.

This regional seminar in Montevideo, Uruguay, focused on the monitoring and transparency of insurance markets in Latin America through the provision of sound insurance statistics and indicators, regionally and globally.

Jointly developed by the IMF, World Bank, EBRD, and the OECD, this report analyses the main elements necessary to deepen domestic bond markets in emerging and developing economies.

After showing an average negative rate of return on investment across the OECD zone in 2011, pension fund assets achieved high returns in almost all OECD countries in 2012, with a real return greater than 5% in 18 countries, according to the latest edition of Pension Markets in Focus.

Discussions at the 14th roundtable focussed on quantitative easing (QE) tapering to Asia, financial regulatory reforms, financial liberalisation and fragmenting growth, long-term investment for infrastructure, financial inclusion and disaster risk financing in insurance and financial markets.

This report shows how OECD’s work on financial markets, with the Committee on Financial Markets (CMF) at its core, has evolved over the past five decades. More than just a chronology, it attempts to explain and analyse the factors and dynamics that transformed financial markets and the work conducted in that area – thereby putting into perspective the challenges that lie ahead.

This roundtable offers a forum for regulators, policy-makers, experts, practitioners, scholars and international organisations to discuss issues relating to capital market reform in Asia.

Small and medium-sized enterprises (SMEs) are key contributors to economic growth and job creation. The current economic and financial crisis has reduced bank lending and has affected SMEs in particular. Capital markets will have to play a bigger role in financing SMEs in order to make them more resilient to financial shocks. This article reviews the spectrum of alternative market-based debt instruments for SME financing.

The world economy desperately needs more productive investment: to create jobs, to increase productivity and to meet critical global goals like combating climate change. But instead of more productive investment, we are getting rising stock markets. Sadly too many policymakers and journalists don’t know the difference.

As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015.

This article on public equity financing for SMEs complements earlier OECD work on market-based finance for SMEs. The development of this market segment could promote investment in SMEs and, together with securitisation and other non-bank debt financing instruments, encourage an enhanced allocation of risk and risk taking, and thus support growth.

The global economy is caught between two major headwinds: the reversal of the investment-heavy commodity supercycle; and the "L-shaped" recovery in advanced economies caused by the aftermath of the financial crisis and the interaction of re‐regulation with low and negative interest rates. This report analyses these issues and presents a financial outlook.

The Danish financial sector is big and there is a high degree of inter-connectedness between banks, mortgage institutions and pension funds.

13/05/2017 - With the frequency and scope of cyber incidents growing significantly, this report provides an overview of the market for cyber insurance as well as the current challenges in terms of data availability, quantification of cyber risks, awareness and misunderstanding about coverage. It identifies potential policy measures to address some of the main challenges to the development of an effective cyber insurance market.

With the growth of cybercrime, and intensive media coverage of privacy breaches and ransomware attacks over the last year, could complacency about cyber risks soon be a thing of the past? Bill Below and Leigh Wolfrom of the OECD Directorate for Financial and Enterprise Affairs look at some of the challenges to insuring cyber risk.

22-23 February 2018, Paris - The potential role of the nascent cyber insurance market in enhancing cyber resilience is increasingly being recognised by policy makers. This conference provided an opportunity to exchange knowledge and share experiences on addressing the challenges impeding the development of the cyber insurance market.

The roundtable offers a forum for regulators, policy makers, experts, practitioners, scholars and international organisations in Asia. This year’s edition will focus on recent developments in capital markets and on capital markets of the future.

Mr. Angel Gurría, Secretary-General of the OECD, in Buenos Aires, 18-20 March 2018

This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved.

18 June 2018 - Preliminary data for 2017 show an increase in life and/or non-life gross premiums of domestic insurance companies in 40 out of the 43 reporting countries, compared to 2016.

26/10/2018 - The OECD Committee on Financial Markets has confirmed the appointment of Aerdt Houben, Director of the Financial Markets Division at De Nederlandsche Bank, as its Chair.

This report makes use of a unique set of data on premiums and claims provided by global reinsurance companies to examine the contribution that reinsurance has made to enhancing the capacity of the primary insurance market to manage catastrophe risk and to reducing the economic and insurance market disruption that often follows catastrophic events.

25 February 2019 - Corporate bond markets have become an increasingly important source of financing for non-financial companies since the global financial crisis. The total outstanding debt in the form of corporate bonds reached USD 13 trillion as of end-2018. In real terms, this is twice as much as in 2008. This paper documents a number of associated risks and vulnerabilities.

Global outstanding debt in the form of corporate bonds issued by non-financial companies has hit record levels, reaching almost USD 13 trillion at the end of 2018. This is double the amount outstanding in real terms before the 2008 financial crisis, according to a new OECD paper.

The Roundtable offers a forum for regulators, policy makers, experts, practitioners, scholars and international organisations in Asia. This year’s edition will focus on recent developments in capital markets, future capital markets facing the challenge of new financial technology and responsible, viable, and lifecycle infrastructure investments.